EB ENVIRONMENT (00257) announced annual performance, with a net profit attributable to shareholders of HKD 3.925 billion, a year-on-year increase of 16%.

EB ENVIRONMENT (00257) announced the annual performance up to December 31, 2025. The group achieved revenue of HK$27.521 billion, a decrease of 9% year-on-year. Equity holders' profit attributable to the group was HK$3.925 billion, an increase of 16% year-on-year. Basic earnings per share were 63.9 HK cents, and the proposed final dividend was 12 HK cents per share. In the past year, the group focused on "technologizing" and building innovative capabilities throughout the value chain. At the institutional level, a system support system covering the entire research process was established, and mechanisms like "open competition for leadership" were deepened in research management systems. In terms of research and innovation, progress was made in key areas such as developing a 100 tons/day waste-to-charcoal process package, fly ash reprocessing process package, straw "neutral gas explosion + enzymatic hydrolysis" research experiments, and independent research and development of mini waste incinerators. In terms of application of research results, technologies such as energy saving and information technology were successfully applied, such as the biogas efficient co-incineration process for garbage incineration to produce biogas, SCR high-dust denitration technology for water-cooled vibrating grate biomass boilers, and efficient thermal decomposition key technologies for waste power batteries. These applications helped in implementing the group's projects and establishing a battery recycling demonstration project in Jiangsu Province. In the past year, the group accelerated its "internationalization" efforts and steadily built global service capabilities. Market layout was diversified with a focus on Central Asia by securing waste-to-energy projects in Uzbekistan, as well as implementing light asset businesses in Egypt, Thailand, Malaysia, and other markets. Overseas equipment sales contracts reached a new high, and the outflow model of technology and services became more mature. The establishment of offices in Vietnam, Indonesia, and Central Asia aimed to transform the overseas expansion organizational structure from "project-driven" to "regionally focused." In terms of global capacity building, the group actively participated in high-level international exchanges and activities to enhance the global industry brand influence. The group deepened its "ecological" development, focusing on building a multi-level, open and collaborative industrial ecosystem. In terms of business ecosystem, the group continued to extend the industry chain and internal synergy by expanding garbage power generation services and developing bio-natural gas supply businesses. In terms of energy ecosystem, innovative integration was accelerated through the virtual power plant platform for electricity trading, and the user base for electricity sales continued to expand. The "zero carbon park" model provided comprehensive energy and environmental solutions. In terms of social ecosystem, the group actively promoted the construction of a national-level environmental protection equipment manufacturing innovation center and created a platform for integrated application of environmental protection manufacturing industry. By connecting with government departments, association organizations, and partners, the group built a wide cooperation network through strategic cooperation and in-depth research, laying the foundation for long-term partnerships.